Call reports 2008
VALLEY STATE BANK — 2008
What VALLEY STATE BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 110,088,000 | 106,526,000 | 102,126,000 | 99,021,000 |
| Total loans | 48,332,000 | 48,518,000 | 50,729,000 | 53,176,000 |
| Allowance for loan losses | 471,000 | 498,000 | 528,000 | 572,000 |
| Securities available for sale | 42,511,000 | 49,598,000 | 46,415,000 | 37,640,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 93,666,000 | 90,895,000 | 85,820,000 | 82,271,000 |
| Interest-bearing deposits | 87,019,000 | 83,479,000 | 78,612,000 | 76,766,000 |
| Noninterest-bearing deposits | 6,647,000 | 7,416,000 | 7,208,000 | 5,505,000 |
| Equity capital | 15,797,000 | 15,181,000 | 15,888,000 | 16,271,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,630,000 | 3,072,000 | 4,493,000 | 5,857,000 |
| Interest expense | 809,000 | 1,468,000 | 2,051,000 | 2,537,000 |
| Net interest income | 821,000 | 1,604,000 | 2,442,000 | 3,320,000 |
| Noninterest income | 95,000 | 169,000 | 263,000 | 380,000 |
| Noninterest expense | 513,000 | 1,059,000 | 1,629,000 | 2,223,000 |
| Provision for loan losses | 0 | 30,000 | 60,000 | 120,000 |
| Pretax income | 395,000 | 675,000 | 1,028,000 | 1,371,000 |
| Income tax | 127,000 | 209,000 | 317,000 | 403,000 |
| Net income | 268,000 | 466,000 | 711,000 | 968,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,587,000 | 15,675,000 | 15,920,000 | 16,177,000 |
| Total capital | 16,058,000 | 16,173,000 | 16,448,000 | 16,749,000 |
| Risk-weighted assets | 61,000,000 | 60,529,000 | 62,106,000 | 62,471,000 |